Growing Specialty Restaurant with 4.9 stars on Google
Asking Price: | $350,000 |
Gross Revenue: | $503,516 |
FF&E: | $40,000 |
Cash Flow: | $169,816 |
Rent: | $1,030/Month |
Established Year: | 2020 |
Owner Financing Avaliable
Located in a growing downtown, the takeout Restaurant is a family affair ready to move onto a new owner who will love the food and people as much.
The Restaurant started as a food truck and became a takeout restaurant in 2020. Revenue climbed 287% between 2020 and 2023, and the cash flow margin increased by 38% over the same period.
Customers and the press alike love the Restaurant. Recently named a top lunch spot, it has 4.9 stars on Google and 4.7 stars on Facebook.
Primed for growth, the sellers have considered opening one or two sit-down restaurants in addition to the takeout spot. Purchasing a new food truck for festivals offers incredible room for growth, and “today only” specials are another option. With a cash flow of $169,816, growth is not your only option, but through wise marketing strategies, you can increase revenue while protecting and growing the cash flow.
This is a great opportunity for aspiring restaurant owners. Parents of culinary school graduates, this could be the move to put your child on the road to success through ownership and entrepreneurship. Propel them into success!
The sale includes $40,000 of kitchen equipment.